Kentish Express Ashford & District
Cut bills with higher taxes
Colin Bullen rails against the so-called Green agenda and desperately conflates this with the current worsening situation, re: rising prices, etc.
However, the facts are that the situation today has been long in the making after Mrs Thatcher slashed heavy industry and manufacturing, with little or no investment in green replacements by her or following governments nor by climate denying fossil-fuel industries.
Instead we’ve had tax cuts for the rich, a bloated and deregulated financial services sector which led to the 2008 crash and unnecessary austerity; alongside cheapskate service industries, plus the gig economy.
So now, in part, energy bills will rise by more than predicted in April, with another hike in October. Our miserly government merely providing its usual shortterm, feeble so-called ‘help’ with a one-year cut in Council Tax and some getting a refundable extra £200 from October, repayable over the next five years, nowhere near enough.
This also despite predictions that energy prices will remain high for several years yet, whilst the companies are raking in increasing profits.
Other countries tax companies at about 70% and France caps such as EDF’s profits to divert money to cut bills. So why are we not doing the same during this period to help cut bills for the majority? Doing so could raise enough for a £500 payment with repayment coming from future profits, not the customer.
Further, the CBI calls for radical steps to boost the economy, including an extra £3 billion to retro-fit homes with insulation and other measures.
Sadly, I’m not holding my breath for any real action from this government.